Iowa Code 554.7509 – Adequate compliance with commercial contract
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Iowa Code 554.7509
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
554.7509 Adequate compliance with commercial contract.
Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is determined by Article 2, 5, or 13.
[C66, 71, 73, 75, 77, 79, 81, §554.7509]
2007 Acts, ch 30, §39, 45, 46
Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is determined by Article 2, 5, or 13.
[C66, 71, 73, 75, 77, 79, 81, §554.7509]
2007 Acts, ch 30, §39, 45, 46